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Post by highlandtiger on Apr 3, 2019 10:43:50 GMT
Just got an email from HCR, (I never employed them but obviously I'm still on their list), asking if I'd like to instruct them to "discontinue the claim" against the lender.
It's a bit of a cheek considering I never had a claim made against me. I wonder how many people will fall for this blatent ambulance chasing.
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voss
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Post by voss on Apr 3, 2019 10:58:35 GMT
Just got an email from HCR, (I never employed them but obviously I'm still on their list), asking if I'd like to instruct them to "discontinue the claim" against the lender. It's a bit of a cheek considering I never had a claim made against me. I wonder how many people will fall for this blatent ambulance chasing. If the H** email is not confidential, can you post it here?
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Mucho P2P
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Post by Mucho P2P on Apr 3, 2019 10:59:51 GMT
Just got an email from HCR, (I never employed them but obviously I'm still on their list), asking if I'd like to instruct them to "discontinue the claim" against the lender. It's a bit of a cheek considering I never had a claim made against me. I wonder how many people will fall for this blatent ambulance chasing. Lendy ought to be settling this fee with H** to discontinue the claim against the lenders, seeing as: 1. They were the ones who took on such a fraught loan and contended that they have suitable security in the first place! 2. They state on their website that the lenders will never have to get involved with the borrowers! I am considering signing up to H** for this service, and then to issue a small claim against lendy for the amount based upon item 1+2 above which I have records.
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arbor
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Post by arbor on Apr 3, 2019 11:02:45 GMT
Just for my clarification as a non-legal person. The notice that was not served by 1/4 was to join the Lenders to the case against Lendy. As there has been no deposit on security of costs then the case against Lendy has now lapsed. The Lenders, therefore, cannot be joined to it. However, should the borrower wake up one morning and decide to chase the lenders in any other fashion then that still remains an option. Do I have this right? That is spot on correct until H** obtain a final agreement from the borrower on behalf of the lenders that all is settled. If H** are unable to obtain such an agreement, they have to obtain one thought the Courts. Do you think such a final agreement (from H**) will by default cover ALL lenders in the loans (regardless of having signed upto H**) or would it be specific to just those that signed up? ... and those that didn't wouldn't be covered by any such agreement?
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Mucho P2P
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Post by Mucho P2P on Apr 3, 2019 11:06:32 GMT
Regarding the H** email of this morning and the potential outstanding claim agaisnt the lenders.
For the benefit of the lenders here, the longer the claimant leaves her potential claim unactioned, the weaker her case becomes, even with all other facts remaining the same.
Much as she has been allowed an effective indefinite period to claim, and there is the 6 years statute of limitations in the UK, by the claimant leaving this claim unactioned for just 6 months will severely weaken her case even further.
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Mucho P2P
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Post by Mucho P2P on Apr 3, 2019 11:08:35 GMT
That is spot on correct until H** obtain a final agreement from the borrower on behalf of the lenders that all is settled. If H** are unable to obtain such an agreement, they have to obtain one thought the Courts. Do you think such a final agreement (from H**) will by default cover ALL lenders in the loans (regardless of having signed upto H**) or would it be specific to just those that signed up? ... and those that didn't wouldn't be covered by any such agreement? From how H** communicate (last para), it appears that it will be for the specific lenders who instruct them only. See my post of a few minutes ealrier.
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quidco
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Post by quidco on Apr 3, 2019 11:18:10 GMT
Do you think such a final agreement (from H**) will by default cover ALL lenders in the loans (regardless of having signed upto H**) or would it be specific to just those that signed up? ... and those that didn't wouldn't be covered by any such agreement? From how H** communicate (last para), it appears that it will be for the specific lenders who instruct them only. See my post of a few minutes ealrier. Despite them receiving money "for everyone" from Lendy
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arbor
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Post by arbor on Apr 3, 2019 11:22:31 GMT
Do you think such a final agreement (from H**) will by default cover ALL lenders in the loans (regardless of having signed upto H**) or would it be specific to just those that signed up? ... and those that didn't wouldn't be covered by any such agreement? From how H** communicate (last para), it appears that it will be for the specific lenders who instruct them only. See my post of a few minutes ealrier. odd ... I received the H** posted letter from December but haven't received today's email. I guess that to signup for H** now (to be part of any final agreement) would require to back pay the monthly fees from November or whenever this started. So, lets say 50% of lenders go with H** and get final agreement and 50% of lenders aren't part of the agreement. Then can borrower really still try to pursue only half of the lenders and not all?
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Mucho P2P
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Post by Mucho P2P on Apr 3, 2019 11:23:17 GMT
From how H** communicate (last para), it appears that it will be for the specific lenders who instruct them only. See my post of a few minutes ealrier. Despite them receiving money "for everyone" from Lendy Clearly, we are at the bottom of the feeding chain! This is such bad publicity for Lendy, to ask their lenders to fork out yet again. It should/MUST be settled by Lendy.How lendy intend to salvage such a reputation of leaving their lenders out in the cold through their actions is unfathomable.
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one21
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Post by one21 on Apr 3, 2019 11:32:43 GMT
Despite them receiving money "for everyone" from Lendy Clearly, we are at the bottom of the feeding chain! This is such bad publicity for Lendy, to ask their lenders to fork out yet again. It should/MUST be settled by Lendy.How lendy intend to salvage such a reputation of leaving their lenders out in the cold through their actions is unfathomable. Would it be of any use if 5000 of us emailed a complaint to the FCA, outlining the situation, I wonder? I doubt Ly are not so worried about their reputation (for what its worth) any more!
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keith
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Post by keith on Apr 3, 2019 11:32:55 GMT
From how H** communicate (last para), it appears that it will be for the specific lenders who instruct them only. See my post of a few minutes ealrier. odd ... I received the H** posted letter from December but haven't received today's email. I guess that to signup for H** now (to be part of any final agreement) would require to back pay the monthly fees from November or whenever this started. So, lets say 50% of lenders go with H** and get final agreement and 50% of lenders aren't part of the agreement. Then can borrower really still try to pursue only half of the lenders and not all? I would have thought that if only one lender became part of the final agreement, it would be hard to pursue the others. The Claimant would have to show how those that reached the agreement were different from the others who had not taken a proactive role.
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jhma
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Post by jhma on Apr 3, 2019 11:51:42 GMT
Despite them receiving money "for everyone" from Lendy Clearly, we are at the bottom of the feeding chain! This is such bad publicity for Lendy, to ask their lenders to fork out yet again. It should/MUST be settled by Lendy.How lendy intend to salvage such a reputation of leaving their lenders out in the cold through their actions is unfathomable. I am disgusted at the contents and further implications of the H** letter (I had not signed up to their services but they sent me one anyway). It is confidential so I won't and can't divulge details, though in my opinion they certainly deserve to be widely known. Needless to say I shall be following this up with a very strongly worded communication to Lendy.
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Post by Badly Drawn Stickman on Apr 3, 2019 11:52:45 GMT
odd ... I received the H** posted letter from December but haven't received today's email. I guess that to signup for H** now (to be part of any final agreement) would require to back pay the monthly fees from November or whenever this started. So, lets say 50% of lenders go with H** and get final agreement and 50% of lenders aren't part of the agreement. Then can borrower really still try to pursue only half of the lenders and not all? I would have thought that if only one lender became part of the final agreement, it would be hard to pursue the others. The Claimant would have to show how those that reached the agreement were different from the others who had not taken a proactive role. That would seem entirely logical. Then I never believed this particular parrot was ever alive, and I am now convinced it is dead. Given that this thread is already a logistical nightmare could I impose on any Moderator available to move the stock market gibberish to a suitable place? New thread or dustbin either suits me fine.
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Post by charliebrown on Apr 3, 2019 13:23:54 GMT
odd ... I received the H** posted letter from December but haven't received today's email. I guess that to signup for H** now (to be part of any final agreement) would require to back pay the monthly fees from November or whenever this started. So, lets say 50% of lenders go with H** and get final agreement and 50% of lenders aren't part of the agreement. Then can borrower really still try to pursue only half of the lenders and not all? I would have thought that if only one lender became part of the final agreement, it would be hard to pursue the others. The Claimant would have to show how those that reached the agreement were different from the others who had not taken a proactive role. So shall we all chip in 50p and get one of us cleared via the courts.
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Post by brightspark on Apr 3, 2019 14:10:49 GMT
Could investors stick to the title of this loan and stop going off at a tangent.
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